NSグループ
TSE Prime ・ Ticker 471A ・ Listed
Offer price
1,480 yen
First traded price
1,406 yen
Selling 100 shares at the first traded price would have produced a loss of 7,400 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 1,406 yen.
You can only enter this lottery through a broker underwriting it. The joint lead underwriters are SMBC Nikko Securities, Daiwa Securities, which receive the largest allocations.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A holding company whose operating subsidiary, Nihon Safety, is a leading specialist in rent guarantees, standing in for the joint guarantor a tenant needs in order to rent a home in Japan.
Its subsidiary Nihon Safety takes on the role of joint guarantor for people renting homes, and earns the guarantee fees those tenants pay. On top of the fee charged when a contract is signed, a renewal fee comes in every time a lease is renewed, so revenue accumulates. Applications are gathered through a network of about 66,000 real estate agency outlets across Japan. In the year to December 2025 operating revenue was 29.83 billion yen and the operating margin was 33.1%.
A medium-term plan announced in November 2025 sets out growth through acquisitions of mid-sized rent guarantee firms. In July 2026 the company took full ownership of Alpha, a Kagoshima-based firm with more than 20 years in the business and bases across all seven prefectures of Kyushu. For the year to December 2026 it forecasts operating revenue of 33.07 billion yen and net profit of 7.9 billion yen.
Read about this company in Japanese →Figures are taken from the offering documents and public sources, and are checked against two independent sources before publication. Nothing here is investment advice. Shares can and do open below their offer price.
